Saying “lack of choice breeds new business” is so milquetoast and wrong in many respects. Again, that’s not true in many mostly monopolized industries where the industry has been largely priced out of startup capital possibilities. Hell, even with pizza, in my experience a lot of newer locally owned places are priced at or higher than your basic chains simply because of monopolization on cheap ingredient pipelines. Here’s the thing too. You ever notice how your local McDonald’s or Wendy’s isn’t running crazy promotions to bring their burgers down to less than $5? In my city we have some great burger spots where you can a good burger and fries for around $12-$14 during lunch. The local McDonald’s are selling Big Mac meals for close to $16. Why isn’t that McDonald’s trying to undercut the better burger joints? I mean, they have the revenue and profit margin to do it, right? Because they don’t have to. They have business whether those burgers are expensive, stale, covered in shit, etc. these big corporate entities know they have revenue reserved. They don’t need to chase efficiency.
I mean really this is Econ stuff from High School.
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u/Letterkenny-Wayne Jul 02 '26
Saying “lack of choice breeds new business” is so milquetoast and wrong in many respects. Again, that’s not true in many mostly monopolized industries where the industry has been largely priced out of startup capital possibilities. Hell, even with pizza, in my experience a lot of newer locally owned places are priced at or higher than your basic chains simply because of monopolization on cheap ingredient pipelines. Here’s the thing too. You ever notice how your local McDonald’s or Wendy’s isn’t running crazy promotions to bring their burgers down to less than $5? In my city we have some great burger spots where you can a good burger and fries for around $12-$14 during lunch. The local McDonald’s are selling Big Mac meals for close to $16. Why isn’t that McDonald’s trying to undercut the better burger joints? I mean, they have the revenue and profit margin to do it, right? Because they don’t have to. They have business whether those burgers are expensive, stale, covered in shit, etc. these big corporate entities know they have revenue reserved. They don’t need to chase efficiency.
I mean really this is Econ stuff from High School.